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a prominent American political organization associated with the Christian right and Republican Party. It was founded in 1979 by Baptist minister Jerry Falwell and associates, and dissolved in the late 1980's.
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In response, many Americans embraced a new conservatism in social, economic and political life during the 1980s, characterized by the policies of President Ronald Reagan.
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the economic policies of the former US president Ronald Reagan, associated especially with the reduction of taxes and the promotion of unrestricted free-market activity.
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was a secret U.S. arms deal that traded missiles and other arms to free some Americans held hostage by terrorists in Lebanon, but also used funds from the arms deal to support armed conflict in Nicaragua.